NEWS
Latvian textile industry takes hardest hit
RIGA - Latvia’s textile industry is likely to suffer the most from the reversal in the country’s economic fortunes, as players in the labor-intensive industry either shut down or pack up and shift production to cheaper quarters. Guntis Strazds, head of the Latvian Association of Textile and Clothing Industry, said that the association has significantly revised its estimate of 2008 output downward. Strazds, speaking to the Baltic News Service, said there has been a drop in textile exports to ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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